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Commerce 1997 WAEC Past Questions

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1
Extractive occupation is an example of
  • A. construction industry
  • B. manufacturing industry
  • C. tertiary industry
  • D. primary industry
  • E. secondary industry
View Answer & Discuss WAEC 1997
2
The fastest means of sending a printed message from Lagos to London is through
  • A. aeroplane
  • B. telephone
  • C. cablegram
  • D. telex
  • E. courier
View Answer & Discuss WAEC 1997
3
An association that mobilizes the savings of members and channels them to needy members is known as
  • A. Consumer Co-operative
  • B. Producer Co-operative
  • C. Thrift and Credit Co-operative
  • D. Multi-purpose Co-operative
  • E. Trade Union
View Answer & Discuss WAEC 1997
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4
If Ade issues a Union Bank cheque to Chukwu, the Union Bank is the
  • A. drawee
  • B. payee
  • C. drawer
  • D. acceptor
  • E. creditor
View Answer & Discuss WAEC 1997
5
Which of the following is the clearing house for all the banks in the country?
  • A. The Federal Mortgage Bank of Nigeria
  • B. The Nigerian Industrial Development Bank
  • C. The Central Bank of Nigeria
  • D. The Nigerian Bank for Commerce and Industry
  • E. The National Bank of Nigeria
View Answer & Discuss (1) WAEC 1997
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